India’s Crypto Crunch: Former MP Urges Tax Cuts and Clearer Rules for Web3 Growth
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最新报道：Former Indian MP Rajeev Chandrasekhar urged the government to reduce crypto taxes and establish clear regulations to foster Web3 growth in India. Speaking at the India Blockchain Week, he criticized the current 1% TDS and 30% capital gains tax as stifling innovation, noting many Indian crypto firms have relocated to Dubai. Chandrasekhar emphasized the need for balanced policies that encourage blockchain development while protecting consumers, suggesting India could become a global Web3 hub with progressive reforms. His comments come as industry leaders push for regulatory clarity ahead of the 2024 general elections.
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